Lido Advisors LLC Raises Position in Invesco S&P 500 Top 50 ETF $XLG

Lido Advisors LLC lifted its position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 6.2% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,327,458 shares of the company’s stock after buying an additional 77,171 shares during the period. Lido Advisors LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $72,413,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in XLG. Osaic Holdings Inc. increased its position in shares of Invesco S&P 500 Top 50 ETF by 66.1% during the fourth quarter. Osaic Holdings Inc. now owns 2,838,230 shares of the company’s stock valued at $168,251,000 after acquiring an additional 1,129,519 shares in the last quarter. LPL Financial LLC lifted its position in Invesco S&P 500 Top 50 ETF by 8.0% in the 4th quarter. LPL Financial LLC now owns 11,554,356 shares of the company’s stock valued at $684,942,000 after acquiring an additional 856,661 shares in the last quarter. Ameriprise Financial Inc. lifted its position in Invesco S&P 500 Top 50 ETF by 46.6% in the 3rd quarter. Ameriprise Financial Inc. now owns 2,296,020 shares of the company’s stock valued at $132,108,000 after acquiring an additional 729,356 shares in the last quarter. Raymond James Financial Inc. boosted its stake in Invesco S&P 500 Top 50 ETF by 25.8% during the 2nd quarter. Raymond James Financial Inc. now owns 2,867,532 shares of the company’s stock valued at $149,398,000 after purchasing an additional 588,257 shares during the last quarter. Finally, Brown Advisory Inc. boosted its stake in Invesco S&P 500 Top 50 ETF by 1,359.5% during the 4th quarter. Brown Advisory Inc. now owns 560,799 shares of the company’s stock valued at $33,244,000 after purchasing an additional 522,375 shares during the last quarter.

Invesco S&P 500 Top 50 ETF Trading Down 0.2%

Invesco S&P 500 Top 50 ETF stock opened at $61.28 on Thursday. The firm has a market cap of $10.72 billion, a price-to-earnings ratio of 27.80 and a beta of 1.06. The stock has a fifty day simple moving average of $62.03 and a two-hundred day simple moving average of $59.45. Invesco S&P 500 Top 50 ETF has a 12 month low of $52.60 and a 12 month high of $64.77.

About Invesco S&P 500 Top 50 ETF

Guggenheim Russell Top 50 Mega Cap ETF (the Fund), formerly Rydex Russell Top 50 ETF, seeks to replicate as closely as possible the performance of the Russell Top 50 Index (the Index). The Index is an unmanaged capitalization-weighted index consisting of the 50 largest companies in the Russell 3000 Index. The Russell 3000 Index is an unmanaged capitalization-weighted index that offers investors access to the United States equity universe representing approximately 98% of the United States equity market.